PotlatchDeltic (PCH) CAO sells 738 shares under 10b5-1 tax arrangement
Rhea-AI Filing Summary
PotlatchDeltic Corporation’s Chief Accounting Officer, Glen F. Smith, reported a routine insider transaction. On January 9, 2026, he sold 738 shares of common stock at a weighted average price of $41.80 per share. According to the disclosure, the sale was made under pre-set written instructions adopted on August 12, 2024 that are intended to meet the affirmative defense conditions of Rule 10b5-1(c), and reflects a “sell to cover” election solely to satisfy tax withholding on previously granted restricted stock unit and performance share awards, rather than a discretionary trade. Following this transaction, he beneficially owns 8,159.411 shares, which include adjustments for accrued dividends.
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FAQ
What insider transaction did PotlatchDeltic (PCH) report in this Form 4?
The filing reports that Chief Accounting Officer Glen F. Smith sold 738 shares of PotlatchDeltic common stock on January 9, 2026 at a weighted average price of
Why did PotlatchDeltic CAO Glen F. Smith sell 738 shares of PCH stock?
The sale was made under written instructions adopted on
Was the PotlatchDeltic (PCH) insider sale a discretionary trade?
No. The disclosure states that the sales do not represent discretionary trades by Glen F. Smith and were executed under a Rule 10b5-1(c) trading plan with pre-set written instructions.
What price range were the PotlatchDeltic (PCH) shares sold for in this Form 4?
The Form 4 notes a weighted average sale price of
How many PotlatchDeltic (PCH) shares does Glen F. Smith own after this transaction?
After the reported sale, Glen F. Smith beneficially owns 8,159.411 shares of PotlatchDeltic common stock, including adjustments for accrued dividends.
What type of securities are involved in this PotlatchDeltic (PCH) Form 4?
The reported transaction involves non-derivative PotlatchDeltic common stock. No derivative securities are listed as acquired or disposed of in the excerpt provided.